Rhode Island

Small Businesses Booming in Rhode Island

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PROVIDENCE, RI (September 26, 2018) - The state of Rhode Island invested in numerous small business development and funding programs and is enjoying a subsequent boom in small businesses and startups.

The state government recently launched a small business funding program providing capital to 125 new businesses, as well as initiatives to help new and existing businesses on product development, research and recruiting new talent.

“Providence seemed like a place where people could really follow their passions and open the store of their dreams,” said Emma Ramadan, owner of Riffraff Bookstore and Bar. “Every person we turned to for help or assistance, whether in government or the small business association or our lender, helped us so much along the way.”

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Rhode Island Coalition of Entrepreneurs Launches to Boost Startups

Rhode Island startup funding

PROVIDENCE, RI (September 4, 2018) - The Rhode Island Coalition of Entrepreneurs formed to offer events, community-building and business development training for founders and CEOs of new startups throughout Rhode Island.

“One of the things that has always struck me as odd is most entrepreneurs here in town don’t know each other,” founder Pat Sabatino said. “I’ve had instances of talking to people who had adjacent products and offices less than a mile apart, and they didn’t know each other.”

Read the article here.